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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Oil who wrote (2047)1/20/1999 10:05:00 PM
From: Bill Jackson  Read Replies (1) | Respond to of 3282
 
Ray, Spread the word, do not sell until you see the whites of Munks eyes.<GGG>

Bill



To: Mr. Oil who wrote (2047)1/20/1999 10:12:00 PM
From: Enigma  Read Replies (2) | Respond to of 3282
 
Rthe R - I think you've got it backwards - $10 means that Barrick is paying up front for literally hundreds of holes not drilled, and they then have to pay for the hundreds of holes themselves. They pay $5 or thereabouts and assume the risk of future drilling, which may or may not prove up a resource worth $5, less than $5, or more than $5. They're not in this game just for kicks dd


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